What with last-minute changes in the code and different exchanges doing different things, it would be best to have all your Bitcoins in offline wallets before the fork. Within a few days after the fork, things should settle down.<p>(Although, of course, there's probably money to be made while prices are changing rapidly around the time of the split. There's going to be some churn.)
This seems like a sane path forward, though the bit about leverage denominated in BTC before the split being a debt in both BTC and "BCH" after the split is a bit counterintuitive if you're not paying attention.
Until a few minutes ago I had my BTC stored across bitstamp and kraken. I have just transferred all my remaining BTCs to kraken so I'll get whatever quantity of BCC i am due after the fork. Even if it's a very small quantity owing to a small number of miners switching to the BCC code, it doesn't seem fair that bitstamp would simply pocket the value (if my understanding is correct)
Kraken seems to be to be the only major exchange that is taking this approach.<p>It looks like all other exchanges will be free to pocket the BCC they derive from the fork... Am I right on this?
Can someone tell me what will happen if I have my BTC sitting in a private, non exchange wallet like Electrum at the time of fork? It seems the process is I create a new BTC wallet, transfer my BTC to the new wallet, and then use the old wallet/seed to create a BCH wallet? That will magically give me the "new" BCH coins associated with my BTC?